Charlesbank Capital Partners is aiming to raise $1.25bn for its third opportunistic credit fund, looking to invest in new corporate loans as well as to purchase them from other private credit shops to take advantage of market dislocations. The fundraising, which so...
GCM Grosvenor has successfully closed its CIS III fund with committed capital of $882m, marking a 37% increase from the previous CIS II fund. This latest close has propelled the firm’s total infrastructure fundraising to an impressive $7.8bn since 2021. The...
Nasdaq Inc. completed its biggest ever acquisition, adding software provider Adenza to help transform the trading and markets firm into a full-fledged financial-services company. The exchange, which agreed to buy Adenza from Thoma Bravo for $10.5bn in June, will fold...
Asda Group today announces it has completed the acquisition of EG Group’s UK business for an enterprise value of £2.07bn – accelerating its growth in convenience and foodservice, bringing Asda’s value pricing closer to millions of customers. Asda and petrol forecourt...
Trivest Partners (“Trivest” or the “Firm”) announced the closing of Trivest Recognition Fund (“Recognition” or the “Fund”) at its hard cap with over $1.3bn of total capital commitments (including Trivest and its affiliates’ commitments) that will seek to generally...